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May
20

Hospitality Management Radisson Hotel & Water Park - Receivership

Scope of Work:

Receivership Case – District Court of Bernalillo County, NM:  Radisson Hotel & Water Park - Albuquerque receivership and foreclosure.

Description of Project:

Joel Hiser a Hospitality Broker of HTL Hospitality Advisors was appointed by the court as receiver (Case No. CV 2011-02233) for the 280 room, full service hotel with 30,000 square feet of meeting space, restaurant, lounge and 100,000 square foot indoor waterpark.  HTL Hotel Advisors, an affiliate of HTL Hospitality Advisors, was retained by the receivership estate to manage the property through the foreclosure date.  The case required the receiver to qualify for a liquor license with the state of NM and to negotiate an interim, Radisson franchise extension agreement and later a new Park Inn franchise agreement.  The management company substantially increased revenue, reduced operating losses and successfully negotiated a fire sprinkler system dispute with the City.

Project Status:

For additional information please contact Joel Hiser at 415-925-8800  or via email at .

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May
07

Hospitality Asset Management - Dolce Hays Mansion Conference Center, San Jose, CA

Scope of Work:

Hospitality Asset Management - Dolce Hays Mansion Conference Center, San Jose, CA

Description of Project:

HTL Hospitality Advisors is acting as a Hospitality Management Consultant, was appointed by the City of San Jose, CA as the asset manager for the 214-room, four star, resort & spa, conference center with 24 meeting rooms and 33,000 square feet of first class, meeting space.  The historic, resort hotel located on 26 acres in Silicon Valley area of Northern California was originally constructed by the City at a cost exceeding $70 million.  Tony Dimond is the lead advisor on the assignment which has included selecting Dolce Hotels & Resorts (owned by Wyndham Hotels) to manage the property and negotiating the long term management contract.  Other primary responsibilities include ongoing over site of the facility’s operations, budget reviews, renovation coordination and reporting to the City of San Jose.

Project Status:

Property was acquired by an investment group. For additional information please contact Tony Dimond at 415-925-8800 or via email at .

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Of this we are certain, no one is better qualified and positioned to assist clients in succeeding with their hotel, tourism and leisure projects, assets and investments than the hotel experts at HTL Hospitality Advisors.

Call us today at (415) 925-8800